UAE Gold Prices Edge Higher Across All Karats on Tuesday, August 18, 2026; 24K Touches AED 518.5
Gold prices in the United Arab Emirates recorded slight gains across all carats during Tuesday’s trading session, August 18, 2026, tracking a broader upward trend in global bullion markets compared to the previous day's settlement.
Globally, spot gold climbed for a third consecutive session on Tuesday, buoyed by easing concerns over potential US interest rate hikes next month. Investors are keeping a close watch on the upcoming release of the Federal Reserve’s latest monetary policy meeting minutes to gauge future interest rate trajectories and monetary direction.
UAE Gold Price Breakdown (Tuesday, August 18, 2026)
The table below outlines the latest gold prices per gram, ounce, and kilogram in both UAE Dirhams (AED) and US Dollars (USD), based on market data from gold-price:
Gold Unit / KaratPrice in AEDEquivalent in USD
24-Karat (per gram)AED 518.5$141.3
22-Karat (per gram)AED 475.3$129.5
21-Karat (per gram)AED 453.7$123.6
18-Karat (per gram)AED 388.9$105.9
Gold Ounce (31.1g)AED 16,127.1$4,394.3
1 Kilogram Gold BarAED 522,127.3$142,269.1
Key Market Drivers & Global Sentiment
Federal Reserve Watch: Markets are closely analyzing macroeconomic indicators and awaiting the Fed's policy minutes to assess future monetary policy easing.
Third Day of Gains: Strong global physical demand and safe-haven interest have supported bullion's three-day winning streak.
Retail & Investment Demand: High-karat bars and investment-grade ounces continue to see active tracking from regional investors and retail buyers in key hubs like Dubai and Abu Dhabi.